How will the ECB react to trump’s surprise victory?

November 16, 2016

With the surprise outcome of the election in the US, uncertainty around UK’s ‘Brexit’ from the EU and the tightening of financial conditions within the Eurozone, it seems highly unlikely that the European Central Bank (ECB), will raise its key interest rate, currently at zero per cent, during its monthly monetary policy meeting which will be held tomorrow, Thursday, November 17, 12:30 GMT.

During its latest policy-setting meeting in October, the ECB left its official interest rates unchanged for the fifth straight month. What’s next, will the ECB leave its interest rate at 0.0% once again?

For General Information only. Losses can Exceed Deposits. Your Capital is at Risk. Not intended to provide Trading or Investment Advice.

Want to start trading financial markets with ease and confidence?

Forex and CFD trading can fit a range of trading goals whether it’s increasing your profit potential or diversifying your portfolio. If you want to learn everything you need to know about trading Forex and CFDs, then visit our online trading academy. If you’re ready to start trading, simply sign up for a FREE trading account with 1000’s of virtual funds and start trading towards your financial success!

Related Posts

Shares of Facebook Inc (FB) fall hard (-5.55%) following company’s forecast of 'meaningfully slower ad revenues’.If you think FB stock price will go up click on the BUY button in the trading platform, or if you think it will go down, click on the SELL button. For General Information only.
Losses can Exceed Deposits. Your Capital is at Risk.
Not intended to provide Trading or Investment Advice.Want to start trading financial markets with ease and confidence?Forex and CFD trading can fit a range of trading goals whether it's increasing your profit potential or diversifying your portfolio. If you want to learn everything you need to know about trading Forex and CFDs, then visit our online trading academy. If you’re ready to start trading, simply sign up for a FREE trading account with 1000’s of virtual funds and start trading towards your financial success!

MPC’s decisions on interest rates are announced on the first Thursday of each month at 12:00 GMT. Minutes of the MPC meetings are published simultaneously with the decision and are followed by a widely-covered press conference.Decisions made during this event shed light on the central bank’s upcoming monetary policy and stimulus measures. Main financial instruments affected include: GBP/USD (pound vs dollar), EUR/GBP (euro vs pound), GBP/JPY (pound vs Japanese yen) and GBP/CHF (pound vs Swiss franc).For General Information only.
Losses can Exceed Deposits. Your Capital is at Risk.
Not intended to provide Trading or Investment Advice.Want to start trading financial markets with ease and confidence?Forex and CFD trading can fit a range of trading goals whether it's increasing your profit potential or diversifying your portfolio. If you want to learn everything you need to know about trading Forex and CFDs, then visit our online trading academy. If you’re ready to start trading, simply sign up for a FREE trading account with 1000’s of virtual funds and start trading towards your financial success!

October’s Non-Farm Payroll (NFP) Jobs Report – the main report that describes monthly Employment Situation of all workers in the United States, will be released by the U.S. Labor Department today, Friday November 4th at 12:30 GMT. If the jobs data disappoints, this could rattle the currency market and possibly affect the presidential elections, which are just 4 days away.According to consensus forecasts, employment data will show a growth of 180,000 jobs.

Seize the opportunity and capitalise on this major market event now!

For General Information only.
Losses can Exceed Deposits. Your Capital is at Risk.
Not intended to provide Trading or Investment Advice.Want to start trading financial markets with ease and confidence?Forex and CFD trading can fit a range of trading goals whether it's increasing your profit potential or diversifying your portfolio. If you want to learn everything you need to know about trading Forex and CFDs, then visit our online trading academy. If you’re ready to start trading, simply sign up for a FREE trading account with 1000’s of virtual funds and start trading towards your financial success!

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86.59% of retail investor accounts lose money with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

When performing transactions in the OTC Forex market, the possibility of making a profit is inextricably linked with the risk of losses. Conducting transactions can lead to the loss of part or all of the initial investment. Before commencing operations, make sure you understand the risks involved and have sufficient skills to invest.

The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Fortrade Ltd.is authorised and regulated in UK by the Financial Conduct Authority (FCA), Firm Reference Number (FRN): 609970.Click here to see Fortrade on the FCA website.

Fort Securities LLC.is authorised and regulated in Belarus by the National Bank of the Republic of Belarus (NBRB), Firm Reference Number (FRN): 193075810.Click here to see Fort Securities on the NBRB website.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.